Human Resources: Mercer adds eight senior consultants to the alternatives boutique within its investment consulting

Chicago, IL, February 11, 2010

Eight senior consultants have joined Mercer’s alternatives boutique as part of a major expansion, it was announced today by David Kaposi, the global leader of Mercer’s alternatives boutique within investment consulting.

“In the wake of unsettled market conditions over the past two years, institutional clients continue to look to alternative investments as they seek attractive investment returns and diversification,” said Mr. Kaposi. “At the same time, our clients are seeking independent investment consulting advice to identify investment talent in these sectors, monitor performance, and put in place proper risk mitigation policies and procedures. We believe the combination of deep expertise in alternative investments along with Mercer’s global reach is a competitive strength that clients will find attractive.”

“We are investing for the future by building a talented and experienced team in alternatives today,” said Jeff Schutes, boutiques business head within Mercer’s investment consulting business. “We believe that we will see strong and growing demand for expertise in these asset classes and we want to ensure that we have a level of expertise that our clients can draw upon for years to come.”

Three of those joining Mercer’s alternatives boutique will be based in Chicago.

Laura Milligan has been named a senior associate responsible for private equity strategies in North America. Previously she was with Adams Street Partners where she specialized in private equity including buyout, venture capital, distressed assets, and energy funds.

Christopher Schelling has been named a senior associate with a focus on hedge funds. He was previously with Thomson Reuters as director of alternatives strategies within the capital markets group.

Shelley Elson has joined Mercer as a senior associate specializing in hedge fund research. She was previously an analyst with Glenwood Capital Investments, LLC

Four have joined Mercer’s alternatives boutique from other Mercer consulting roles in the UK.

Simon Fox is a principal joining the alternatives boutique and will specialize in hedge funds, commodities and timber and agricultural investments. He has been with Mercer investment consulting for seven years.

Robert Howie is a principal joining the alternatives boutique and will research hedge funds as well as well as infrastructure and insurance-linked securities. In addition, he will take on a coordinating role in Europe for Mercer’s alternatives boutique. Prior to joining Mercer ten years ago, he worked for Barclays in London and African Life in South Africa.

Sanjay Mistry is a principal joining the alternatives boutique focusing on private equity and less liquid investments such as private debt. Prior to joining Mercer, he worked with Eagle Star in the pension review unit. Sanjay has been with Mercer’s investment consulting business since 1998 and has been advising clients on private equity issues since 1999.

Amarik Ubhi is an associate joining the alternatives boutique to cover infrastructure and Mercer’s equities boutique to cover Asia Pacific including Japanese equities. He joined Mercer after graduating from the University of Cambridge in 2003.

The eighth new member of the alternatives boutique is based in Sydney, Australia.

Jennifer Cowan is a senior associate joining the alternatives boutique to specialize in unlisted assets including private equity. Previously she was a senior analyst with Mariner Financial, an ASX-listed specialist fund and asset manager.

About Mercer
Mercer is a leading global provider of consulting, outsourcing, and investment services. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement, and other benefits. It is a leader in benefits outsourcing. Mercer’s investment services include investment consulting and multi-manager investment management. Mercer’s 18,000 employees are based in more than 40 countries. The company is a wholly owned subsidiary of Marsh & McLennan Companies, Inc., which lists its stock (ticker symbol: MMC) on the New York, Chicago, and London stock exchanges. For more information, visit www.mercer.com.